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this weekend are forecast to be close to freezing. the official count from the department of energy had 3.6 million customers across 11 states still without power. getting around in affected areas remains a challenge. the new york subway system remains shut down in lower manhattan. commuter rail systems in the new york suburbs are on limited service, as are new york's three large airports. >> tom: energy also remains a concern. late today the department of energy announced it will release emergency heating oil supplies to relieve a supply crunch due to sandy. meantime, many gasoline stations in the new york-new jersey area have closed because they have run out of gas or don't have electricity to get it out of the pump. erika miller reports >> reporter: six hours. that's how long drivers had to wait to fill up at this manhattan station. >> i got here at 6:00 am. >> reporter: the line stretched over 30 city blocks, but at least drivers could get gas. it's estimated that at least half of all stations in the metropolitan area are closed. in mount olive new jersey, some tried making the best
. they have lots of energy. why do you like technology right now? >> not just in the consumer, not in the mobile phones, but technology is one of those trends that affects every industry. it affects healthcare. it affects energy. energy we saw the new natural gas fracking that's bringing enormous supplies to the market. we could be energy independent because of the technology applied to energy. liz: yet you don't like energy, you say avoid energy. >> who is the biggest beneficiary of this new supply is really the consumers, and the businesses have low cost gas, natural gas has plummeted in price, so that actually hurts in an ironic way the producers of energy, benefits the consumers of energy. liz: that's why we have doug here to kind of help our brains go through the scenario of why energy and technology are on opposite ends at least for his preference. closing bell ringing in 50 minutes. is it time to cut the cord to your traditional cable box? i know some of you have already done that. but there are those of you who are sitting on the fence or the cable box so to speak and
a natural death highway all over the united states. the ceo of clean energy joining us in a fox business exclusive. liz: stocks sinking. all major industries closing in the red. the s&p was the one able to hold onto weekly gains. the only index to and the week in the green. energy and utilities log. here's what happened happened with the jobs numbers thought the u.s. economy did add 171,000 jobs in october. the on employment number of 27.9%. august and september numbers were upwardly revised. u.s. factory orders posted their largest gain in 18 months. jumping nearly 5%. it was driven by a surge in demand for commercial aircraft. a category where orders had just plunged in last august. david: we have all of today's action covered. rich edson has information on the all important jobs report. jeff cleveland says today's report is just statistical noise so get over it. let's start with rich. i think this is a jobs report both candidates want to get over because it was a wash speaking there is enough in there for both to spend. both use this as evidence that voters should elect them on tuesda
. the u.s. energy complex could take a hit from hurricane sandy. we'll have an update on that shortly. but first let's take a look at european markets. though we started to open slightly higher today, losses are accumulating. ibex 35 over in spain shedding about 0.4%. we want to know your hurricane stories. you can e-mail our tweet us. joining us now is stewart hitch arrested son, rmg wealth management. good morning. your initial thoughts here as we look at the impact of sandy barreling down on new york. we know a lot of trading is shut down. are people routing trades through london? >> you can try to separate the fundamentals from liquidity. fundamentals won'ten drastically changed in the medium term, but if markets get through calmly and people don't panic, we'll be back at the end of the week. if there is panic, liquidity could dry up and could be a crazy couple of days. >> liquidity issue is actually an important one. we've seen others sort of recommend clients steer clear of markets for a couple of days. what's interesting, that will just exasser balt the issue understandably say
of physical energy, it was so fast and widespread that the ultimate impact was less modest and if it had been a cat four or five storm. unlike in florida, you do not have entire towns missing their roofs. you generally end up having claims, which, you know, you look at the damage and say it must be astronomical. it will modestly be more reasonable. homes have been damage as opposed to being completely destroyed. liz: you look at berkshire hathaway which owns geico, some of these will see payoffs. you make a very interesting point in that is this was not necessarily a wind event, it was a storm surge event. most of that is covered by government storm insurance. if we look at the most expensive storms, could this be worse than the isaacs and hurricane andrew >> in public opinion, it is not always clear what really caused the damage. people fight with their insurers for years. as a practical matter, the biggest flood risk and storm surge risk will come not from personal customers, but rather from commercial concerns. not that there is anyone who looks at this and says it will not be a manageable
as the storm is causing blackouts my next guest says our whole energy policy is wrong. he says there could be more than half a million jobs created in swing states in the next three to five years from hydrocarbon energy. mark mills is senior fellow with the manhattan institute. i was really interested to read your study. i thought one of your most interesting points was that we are oriented towards conservation and protectism of domestic resources right now but we could actually be a major producer and could be exporting energy which seems hard to get from here to there. you really think we have that much? >> well i know we have that much and this is the real surprise. in energy policy that we have to really change how we look at energy fundamentally. we've operated under the basis from almost half a century now since the big oil embargo of 1973 on the assumption that we're running out of oil, that we can't make enough here and only way out of this is find replacements for oil or conserve our way out of it. both those are important by the way, they continue to be important but what happene
on energy today. weaker prices taking their toll on shell. posting a 15% drop in its third quarter profit following a fall in prices. result below analyst expectations. if x. on mobile expected to report a fall in its profit today. revenues expected to contract by around 9:00. 9%. and from the energy companies to the gas pumps. >> shortage caused by hurricane sandy is causing lines in some cases miles long. joining us for monday is jonathan citron. thanks for calling in. you follow energy markets quite a bit. how long and how likely are the shortages to persist? >> i think we'll see the shortage persist for a short period of time. they're doing all they can to alleviate not only the damage, but it's all about getting the power back on. we need to get the glass to the pumps and the pumps working. so i think it's a matter of days rather than the weeks. the damage is far worse than anything that anyone ever imagined. but i think we'll start to see probably by the end of the weekend, early next week, things to start to pick up very slowly but pick up. and i think the long term implications wi
-benz financial services. new pink lemonade-benz 5-hour energy? 5-hour energy supports the avon foundation for women breast cancer crusade. so i can get the energized feeling i need and support a great cause? i'm sold. pink lemonade 5-hour energy? yeah and a portion of every sale goes to the avon foundation for women breast cancer crusade. i'm sold. new pink lemonade 5-hour energy. get the alert, energized feeling you need and support breast cancer research and access to care. >> we're 90 seconds away in the lower left corner box you can make out what's going on right now at the nyse, the big board as it's known, trading to start very soon and mayor bloomberg is going to have the honor of ringing that opening bell. but it could be bumpy and not so much because whether they're up to speed, but whether technically they can handle this. i got a little alarmed, and charlie gasparino is joining us and talking about the lottery for use of phones and cell phones could be bumpy. >> could be bumpy. the positive thing, and from ameritrade, the retail ahead of the market you're not going to get mass
energy future that puts us in control. our abundant natural gas is already saving us money, producing cleaner electricity, putting us to work here in america and supporting wind and solar. though all energy development comes with some risk, we're committed to safely and responsibly producing natural gas. it's not a dream. america's natural gas... putting us in control of our energy future, now. [ male announcer ] you are a business pro. monarch of marketing analysis. with the ability to improve roi through seo all by cob. and you...rent from national. because only national lets you choose any car in the aisle... and go. you can even take a full-size or above, and still pay the mid-size price. i'm going b-i-g. [ male announcer ] good choice business pro. good choice. go national. go like a pro. >>> we're back this morning. northeast residents bracing for the arrival of hurricane sandy and cnbc's brian shactman joins us now from montauk. i was worried about people surfing. i saw a picture of a surfer late yesterday and got nervous about that. >> reporter: i just talked to a local offici
of nextera energy. >> susie: hurricane sandy has created an energy shock in the northeast, gas pumps aren't working, supplies are tight, and where there is fuel, there are long lines; reminiscent of the 1970's gas shortage. with two jor gasoline refineries in the northeast region still shut down, capacity is off 10%. and with spotty power,so especially in parts of new jersey, gas pumps don't work, so many gas stations are closed to drivers, and people looking tod fu their generators. >> tom: airli ts, trucking companies and railroads are all working to untangle the mess left in sandy's wake. bridges into manhattan are now open again, but not all the traffic tunnels have re-opened, and the subway remains closed.ck airports are re-opening but getting the northeast moving again faces a long road ahead. darren gersh reports. >> reporter: at sandy's peak, flooding covered the runways at new york's laguardia airport. as the waters recede, f.a.a. tenicians are repairing landing lights and navigational systems. and airlines hope ts y will be able to offer limited service at laguardia tomorrow. in
in a relative hurricane drought, connecting energy, policy and disasters make little scientific sense. even the ipcc in its latest report would never -- you know, they act like scientists occasionally even though most climate science is junk science, they even would never tie an event ike this to climate change. here's the thing that i pointed out to you, andrew, the last category 3 hurricane was wilma, that was seven years ago. this is the longest period in a century in terms of how long we've been between category 3. back in 1954, between august '54 and august of 1955, the east coast saw three different storms make landfall each of which caused twice as much damage as sandy. now you weren't born in 1954. it caused twice as much. here's the chart of the average global temperature and this quietly was reported by the uk climate office. that shows the average variability from 14 degrees celsius which is the average. there's the no discernible rise in 16 years. >> cuomo's point he was trying to stay out of the controversial subject. he said the political ban derte doesn't want to get to. his
's biggest publicly traded energy company, exxon mobil, saw production fall to its lowest level in three years last quarter. still, earnings per share were stronger than anticipated, helped by profits doubling in its refining business. but production fell more than expected. the company explained part of the drop was due to moving drilling rigs from going after low price natural gas to higher margin oil. shares were up a fraction, rising a half a percent. volume was stronger than usual. the stock is up 20% in the past year. the biggest retailer was the iggest drag on the dow with the market trying to gauge sandy's impact on business at walmart. the stock fell 2.1%. 294 wal-mart facilities were closed at one point during hurricane sandy, thanks to mandatory evacuations, safety concerns, and power outages. after the close, the focus was on starbucks. consumers continue buying their coffee and lattes. earnings were 46 cents per share. that's a penny more than estimates. revenues and profit margins were up by double digits each. shares were up 1.6% during the regular ssion. they've been tren
'll see energy prices drop. that might be a buying opportunity at that point. other than that, i really believe we have to just take a look and see attitude right now. >> well, one of our guests, a regular on this program, had a great idea. he said to me, maybe for one month the fed instead of putting that $40 billion of mortgage-backed securities buying, put that on hold and send it to some of the ravaged areas like staten island, like new jersey. >> i love it. i absolutely love that idea. >> i do too. >> then the fed's crossing the line into fiscal policy and out of the realm of monetary policy. >> where are we going to get it? >> fema responds rather adroitly to -- katrina notwithstanding, to these disasters. i suspect they're going to be quite responsive right now for those who have been displaced, who have lost family members, who don't have homes. i think there will be a rapid response from the federal government. >> i'm just saying, we could use that money in other areas right now. not necessarily the bond buying program. just an observation. >> maria, i got say, i don't know if
, the overweight banks energy real estate as well as information technology, they're pounding the tables here, but the question is, do better economic numbers mean that investors can go in and invest? >> i think that the classic ones, joy global, i think does make sense, i like the upgrade this morning. the caterpillar deeply inclined. china not coming back, maybe they're so concerned about caterpillar that they're saying it's not coming back that fast. >> we got adp stateside, jim, as well as the estimate. a big revision, they change d d. >> i thought the paychecks were two that really looked like numbers. and so i'm willing to say that this -- it makes so much more sense, but i keep trying to say what industry is doing the hiring in terms of construction. bigger size, small business, but construction yes, balanced against what i regard seeing is uncertainty in the banking industry, where they lay off, government sees more- >> we have ceos sit over here, what you're going to do with the money, or how many people you're going to hire, it's not tens of thousands, but it's something. and they'r
is for a clean, wedomestic energy future that puts us in control. our abundant natural gas is already saving us money, producing cleaner electricity, putting us to work here in america and supporting wind and solar. though all energy development comes with some risk, we're committed to safely and responsibly producing natural gas. we're committed to safely it's not a dream. america's natural gas... putting us in control of our energy future, now. lou: in the face of rising outrage, new york city mayor michael bloomberg forced to scrap the new york city marathon, pressure to cancel grew as news organizations, including fox reported on the devastation and the sense of betrayal felt by residents from s.i. and other parts of new york s.i. a also known as new york city's forgotten borough. >> fed up. fed up. this line, that line, what are we? is this america. >> no food. lou: -- >> he was trapped. >> know where to go, no clothes. >> people here are still hurting. they're still looking for people. it's crazy. >> note to -- nothing has been done here. >> you have no gas, nothing. >> thirteen years. i
in tonight's choctaw. all energy development comes with some r risk, but proven technologies allow natural gas producers to supply affordable, cleaner energy, while protecting our environment. across america, these technologies protect air - by monitoring air quality and reducing emissions... ...protect water - through conservation and self-contained recycling systems... ... and protect land - by reducing our footprint and respecting wildlife. america's natural gas... domestic, abundant, clean energy to power our lives... that's smarter power today. busy in here. yeah. progressive mobile is. [ "everybody have fun tonight" plays ] really catching on! people can do it all! get a quote, buy and manage your policy! -[ music stops ] -it's great! well, what's with the... -[ music resumes ] -music? ♪ have fun tonight dude. getting a car insurance quote. i'll let it go to voicemail. [ clears throat ] ♪ everybody wang chung tonight ♪ putting it on vibrate. [ cell phone vibrates ] -[ loud vibrating ] -it'll pass. [ vibrating continues ] our giant store and your little phone. that's progressive
're very grateful for, and i think symbolic of the incredible new energy that's developing in detroit. and i should also say that josh created a company calls eprize in 1999 here in detroit. it's been operating all this time. two weeks ago it sold for a nice exit. [applause] so here's the story of a local company that came from here, went all the way and, you know, he's done real well with that. meanwhile, he's invested in a ton of other companies. so i just want to start by asking you, steve, you know, when i told you about this, you immediately dropped it. why did you think techonomy detroit was a good idea? >> well, i think it's a great idea. i think it's great you're willing to shine a spotlight on detroit. it's not just about detroit, the story about entrepreneurship in america and how it is spread more broadly through the nation than we sometimes realize. obviously, silicon valley is the epicenter of enormous innovation. tremendous companies, it's exciting, it's something we're all proud of, but there are also a lot of companies all across the nation that don't get as much atten
average down 140 points today. volume not bad. nasdaq composite also weak, down 38 points. it was energy, technology, materials. the s&p 500 down 13.3 points. that was the leadership group. the market ending a shortened week. let's bring in our guests for their take on what went on. with us now, chip dixon, jeff cox, and rick santelli. nice to have you on the program. thanks for joining us. chip, let me begin with you. haven't see you in a little bit. we used to talk long ago when you were at a different firm. welcome back to cnbc. >> thank you. >> you are the director of research discern. what is your research telling you here about where we are in this market and in this cycle for the economy? >> well, it tell us that the housing sector is improving and the residential side. commercial permit activity, which we see, has gone up, it's kind of plateauing. it tells us we're dealing with a lot of uncertainty out there. there's a tremendous amount of pent-up capacity in corporate america if we can just get the right fiscal policies in place. this economy could do well. >> do you think thing
utilities hit, consolidated edison, pepco, ppl and fit energy. travis miller covers them for morningstar. travis, how will these companies pay for the repair job they're facing ahead of them? >> there's no question that utilities are in for a huge bill from this. and really, the last two years they've been hit multiple times with large rep pair bills and outages. if you're looking for utilities that come from repair costs they have to make, and putteding up flyers to bring back the pow plant online, but also the lost revenue they have when utiltd customers are out of power and can't pay their bills because the system is out. >> tom: travis, do they have the operating cash flow to pay for these? are they going to have to borrow mony and issue bonds? >> >> we think the utilities, are plenty of cash. in the scheme of things, these are multibillion companies, and you're probably talking about uprds of a billion dollars, our estimate for the bill, and at least for new york and new jersey. >> tom: you think they're in good financial shape to be able to withstand that without having to tap into
. mission for health. [captioning made possible by constellation energy group] captioned by the national captioning institute --www.ncicap.org-- >> did morning. again i am mindy. >> thanks for joining us. >> back in one piece. >> it is nice to trade in my rain boots for some high heels of the once in awhile. of the once in awhile.
barrel. we will be right back. energy is being produced to power our lives. while energy development comes with some risk, north america's natural gas producers are committed to safely and responsibly providing generations of cleaner-burning energy for our country, drilling thousands of feet below fresh water sources within self-contained well systems. and, using state-of-the-art monitoring technologies, rigorous practices hp ensure our operations are safe and clean for our communities and the environment. we're america's natural gas. ♪ [ engine revs ] ♪ [ male announcer ] oh what fun it is to ride. get the mercedes-benz on your wish list at the winter event going onow -- but hurry, the offer ends soon. dagen: we have a triple digit rally on our hands. we are getting to that time every hour because every 15 minutes it is stocks now. we are close enough, nicole petallides. nicole: i ain't going, no, no. you have ford down 1.5%. we have gotten a lot of news on ford, as well. they did name the chief operating officer. they said it is too early to predict the impact of sandy on the n
: officials in the energy business and the government trying to assess all the damage done by hurricane sandy on refineries. the entire infrastructure that deliver oil and gas to businesses and individuals. joining us with his take is john hofmeister, former president of shell oil. do you have any sense how quickly these refineries will restart with 70% of refining capacity in this part of the country shutdown? >> ended the best of circumstances once you shutdown it takes between five and ten days to get up and running. unless you find damage. if you have been flooded chances are you could have similar optical damage if your electricals were on the ground level so we don't know yet. i keep reading everything i can read to see what is being reported that something else to worry about our, our the porks damage? the northeast gets a lot of its fuel supplies from europe or the caribbean by ship and so if the ports are damaged with that huge surge, that could be another issue in terms of supply. normally there's a three to four week supply available and there shouldn't be an immediate outage of ge
. they cannot top destinations out because of lack of energy. we are getting the latest from the head of new jersey gasoline and convenience auto association. liz: tupperware much more than storage containers. it looks like investors are starting to notice. the stock is up more than 18%. in just the last month. the ceo of tupperware joining us in a fox business exclusive. david: where will the candidates focus their energy during the home stretch. only a couple more days left. more on all of this to come. ♪ [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the marke he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter what happens, which isn't rocket science. it's just common sense, from td ameritrade. he's going to apply testosterone to his underarm. axiron, the only underarm treatment for low t, can restore testosterone levels back t
it is for the entire interesting. if you look at energy prices, it's 30% to 35%, and when you see a 10% to 15% move down, that goes directly to the bottom line. we're hoping we see more of that. >>> still aiming for an ipo in a year? 18 months? >> yeah, i think a lot of it depends on the economy, you know, which has some uncertainty right now with energy prices, but we're quite optimistic about the energy strength. i think the fundamentals are as good as they have ever been and we're optimistic about the future. >> david, thank you very much for sparing the time. >> thanks, simon. >>> be well. >>> meantime, a large section of newark had its power restored last night. mayor cory booker has spent much of the last few days driving around respect reporting to emergency crews and communicating via twitter. mr. mayor, great to talk with you. thank you for taking time. >> my pleasure, and i appreciate the attention you're giving to the crisis. the media really helps. >> so much of the pictures today are looking at tom's river or breezy point or hoboken, but specifically in newark, what is the situation? >
some names with of arrows. let's also take a look at some other names. energy, we still see people fighting for gasoline and food and power. people are still coming in here whatever happened to them. we have had a monumental week here on wall street. a few more hours to go. back to you. ashley: thank you very much. tracy: residence in satin island crying foul as mayor bloomberg refuses to cancel the new york marathon. it makes me sick. adam shapiro has the latest on the recovery efforts. sandra: adam: most people not happy about the marathon. you can see them getting ready for that new york sanitation trucks to calm down hunter avenue and pick up all the debris. the trucks are over at orchard beach right now. the dump trucks we have seen so far have been picking up trees and different kind of wildlife that has been knocked over. they want to clear all of that out for the utility crews. i want to introduce you to the woman that used to own all of these possessions that came out of the house that was damaged by the water. she actually works for the city. right now you are working to
are kept small. that's what's made a lot of them successful. some other ones over there, south cross energy priced at $20. that's $21 to $23. i can't quite see the other one but that price at the high end, $21 and that looks above as well. so we have three ipos, two of them are energy. all of them are looking pretty good. $31.50 for restoration hardware. once you start narrowing the range, that means it's getting closer to open. this would be a fan ttastic ope given what's been going on this week and a great time -- a great time for a company like restoration hardware and a name like that to go public. right back to you. >> okay. we should point out starbucks was up sharply this morning. the stock up over 8% -- excuse me, over 9% on fourth quarter numbers that were better than had been anticipated. they had $3.4 billion in total revenue, up 11%. that's the largest amount, a record for starbucks. they were able to drive traffic growth up by 5% in the americas as well as 5% globally. very interesting to see there. >> points out margins on an operating basis different than a apple retail store
. elliott, let me kick this off with you and the energy market moves, gasoline on the move today. how was business after the two-day shutdown? >> it was a little choppy today. we saw unleaded gas rally strongly this morning. i think people are keeping an eye on what happens with the bayway refinery in new jersey. the news initially was it won't get started back up for the next week or two and there was some hope it might start up sooner and the markets hailed off towards the end of the day. >> the bottom line is people cannot get gasoline all over new jersey, right? i was talking to someone earlier who was saying that the gas guys in one station they were taking advantage and changing the price all over the place. what is this doing to the market? >> well the real problem in new jersey is that there's no electricity so the gas pumps, they could have all the gasoline in the world in the tanks but if they can't get it out of the ground it's not doing anybody any good. it's really a big mess out there. they need utilities to combine with the locals to turn off electricity to clear the tr
or months? what's the short term outlook and what about longer term, in terms of pricing on energy? you think this is weeks or months or what? >> we think that the nation has a great infrastructure. we think we have a great supply of crude and refined products. the terminals -- the epa waived the need to put ethanol in the gasoline at the terminal. the ability to get the terminal back up, assuming the pumps aren't too badly damaged, is measured in a few hours or days. if the pumps are so badly damaged and the transfer facilities, then this could be days or weeks. from a price point of view, i think locally it may have some impact, but across the nation, you know, the northeast consumes about 30% of the total u.s. demand for gasoline. you know, that demand is way down since there's not as many people driving. i think the impact on the nation's gas price is minimal. >> all right. >> mr. foutch, thanks for joining us today. appreciate it very much. >> thank you. >>> the latest pictures from downtown new york still pretty ugly. take a look at this picture i took on my way down here today. t
. >>> plus, sandy causing a gasoline crisis in new york and new jersey. i'll be talking with an energy specialist about what's behind the long lining and when we may finally be able to fill up our tanks again. back in a moment. >>> welcome back. starbucks reporting earnings just moments ago. the company reporting eps results of 46 cents a share. that was a penny above expectations. revenue at $3.36 billion, which was slightly lower than the $3.8 billion analysts were looking for. we find out how they got there and what to expect in the month ahead right now with the boss joining me now from a seattle starbucks location. it's the company chairman and ceo howard schultz. good to have you on the program. welcome back. >> thank you, maria. how are you? >> you raised your dividend. you raised your guidance. characterize the quarter for us. >> as you can see, we had a record quarter, record year, highlighted by the u.s. business at 7% comps, 10% comps in asia. we're starting to see a slight improvement -- i don't want to overstate that -- in western europe and our cpg business grew over 15%
is when we get the energy report tomorrow. remember, the eia puts the weekly oil report and gasoline report out wednesdays typically. well, they delayed that report, and that's coming out tomorrow so a lot of traders will be looking forward to that because, remember, what happens in the energy market moves a lot of these other markets like the ag markets as well. that's going to be having a big impact. a lot of these economic reports that are coming out, including even the earnings report later on, but the near term economic reports should reflect what happened with this storm over the past few days. david: okay. todd, the markets did not panic thankfully at all. it was the opposite. there was still a little bit of fear in the morning. that showed up at the end of the day with the indexes. what are investors afraid of now, todd? >> well, you've got the jobs report coming out friday. you've got adp numbers tomorrow. you got the election in front. plus, the fact you got a market's that's already frothyy3 up here, and we're still going up with lack of volume and lack of volatility. the
with the key 13,000 level. s&p futures flirting with 1400. but charles, energy trading is what everybody is watching right now. the nymex trading floor is closed, but electronically these things are trading. take a look at oil. oil is slipping right now. and this is as we do have refinery closures. we're getting an announcement -- just a second. charles: right. sandra: we're going to get an early closure here charles. they are making an announcement as we speak. guys, what do we hear? 11 o'clock we are getting an early close. this is breaking right now. 11:00 central time early close for? interest rate futures, s&p 500 futures, all the cme futures are going to close at 11:00 a.m. central. charles: thank you very much sandra. we have to get back, the latest track of the storm from the fox news weather center. maria, we have to ask, we're really worried when an we expect sandy to make landfall? that's the big question. >> well, the big question is when is it going to make landfall? center of it to move ovee central parts in southern new jersey as we head into 8:00 p.m. tonight so these ev
these things on the floor. you specifically are watching the energy market. big mover to the upside. >> crude oil should have remained under pressure. if you close refineries on the eastern seaboard in theory the front months of crude should be under some pressure. we saw the front months of crude gained ground on the back. that is counterintuitive and i will respect this action and wants to be long, not short. sandra: why are prices going up when they should be going down? >> i am not that wide. guana look at markets like this, watch it absolutely be happening? unleaded gas should be going up. crude should be going down and it isn't. i am looking for market action to take me off. sandra: at talked to you before the markets opened its entire 8 this week. now that they have, your thoughts on the reopening of the exchanges across the united states? >> this place gives me the creeps when the only thing trading is hot and cattle. it is good to have some oil is back around me and things going on. i am happy we are back to business as usual. sandra: quarterly? >> very orderly. sandra: tres knippa o
Search Results 0 to 49 of about 62 (some duplicates have been removed)

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